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Counterparty was initially created in January 2014 and stands as one of the earliest token protocols ever deployed on the Bitcoin network. Its Proof-of-Burn mechanism mandated sending Bitcoin to a burn address, with users subsequently receiving its native currency, XCP. This protocol is the birthplace of some of the most renowned and cherished historical collections, including Spells of Genesis and Rare Pepe. Emblem Vault offers cross-chain NFT solutions and it powers this collection.